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Through the end of June 2012, the DRE suspended, surrendered and revoked a record 1,109 real estate licenses for the fiscal year within the Golden State.
August 13 -
The FHA has embarked on a desperate attempt to raise capital through settlements with major banks, sales of severely delinquent loans and higher insurance premiums on new borrowers.
August 13 -
Two California business partners were sentenced last week to serve prison terms for operating a mortgage fraud scheme in 2006 to 2007.
August 13 -
Yes, the Wisconsin Republican opposed Dodd-Frank and supports the limited government that many bankers crave. But he'll also help harden the views of an electorate that's already leaning Obama's way.
August 13 -
The Federal Deposit Insurance Corp. sued banks including JPMorgan Chase & Co. and Citigroup Inc. over $388 million in securities sold to Colonial Bank.
August 10 -
Consumer advocates and financial services industry officials clashed Thursday over whether banks and insurers are getting paid fairly in the force-placed insurance market.
August 10 -
Lenders of all sizes are looking into becoming servicers, bringing us full circle back to the days when virtually every lender serviced their own loans.
August 10
Mortgage Builder Software -
Its (almost) late summer and what better time to throw out a loose ends blog on several story leads, ideas, and thoughts that have been knocking around my head (and inbox) of late.
August 10
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In July workouts outnumbered new delinquencies among securitized commercial property loans of all types leading to a 14 basis point decrease in the CMBS delinquency index, according to Fitch Ratings.
August 10 -
Liberal groups on Thursday ratcheted up their pressure on the Obama Administration to respond more forcefully to the foreclosure crisi
August 10










